What Is a Mortgage Note—and Do You Know Where Yours Is?
Also known as a promissory note or deed of trust note, it’s the basic loan contract given to you by your lender—the document you signed on the dotted line to make your deal official.
A mortgage note is an important piece of paperwork to keep in your files for a variety of reasons. Here’s a rundown of what’s on this document, and why it matters.